9720 SW 181st Ter, Palmetto Bay FL 33157

$ 490,000
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Overview

  • Updated On:
  • November 9, 2024
  • 2 Bedrooms
  • 1 Bathrooms
  • 650.00 ft2

Description

Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay’s highly desirable “Opportunity Zone.” Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects.
With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don’t miss this must-see opportunity!

Address: 9720 SW 181st Ter, Palmetto Bay FL 33157
State/County:
Zip: 33157
Country: United States
Open In Google Maps
Property Id : 12449009
Price: $ 490,000
Property Size: 650.00 ft2
Bedrooms: 2
Bathrooms: 1
Community Features: None
Building Name: MORNINGSIDE ACRES
List Office Name: Inspired Lifestyle Realty, LLC
Bathrooms Full: 1
Bathrooms Half: 0
Bathrooms Total Decimal: 1
Cooling: Central Air
Days On Market: 41
Direction Faces: Northwest
Electric: Circuit Breakers
Flooring: Ceramic Floor
Garage Spaces: 0
Heating: Central
On Market Date: 2024-09-29
Pets Allowed: More Than 20 Lbs
Listing Id: A11667815
Previous List Price: 550000
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Year Built Details: Resale
Street Name: 181st Ter
Street Number: 9720
Street Number Numeric: 9720
View: None
Water Source: Municipal Water
Other Features
Den/Library/Office
Family Room
First Floor Entry
Has Cooling System
Has Heating System
Open Parking
Other
$ 2,512.33
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,899.83

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Martha Russomanno